Stock analysis Sumitomo Chem India Ltd SUMICHEM
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Recent prices of SUMICHEM Sumitomo Chem India Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Thu Jan 2025 | 519.40 | 503.50 to 530.00 | 3.3% | 4.1 times |
| 29 Wed Jan 2025 | 502.80 | 492.10 to 509.00 | 1.09% | 0.84 times |
| 28 Tue Jan 2025 | 497.40 | 485.00 to 508.65 | -1.67% | 1.9 times |
| 27 Mon Jan 2025 | 505.85 | 459.35 to 517.65 | 4.36% | 3.41 times |
| 24 Fri Jan 2025 | 484.70 | 474.70 to 501.00 | 0.57% | 0.79 times |
| 23 Thu Jan 2025 | 481.95 | 474.70 to 492.85 | 0.77% | 0.34 times |
| 22 Wed Jan 2025 | 478.25 | 475.10 to 493.05 | -2.64% | 0.49 times |
| 21 Tue Jan 2025 | 491.20 | 488.00 to 503.90 | -1.03% | 0.19 times |
| 20 Mon Jan 2025 | 496.30 | 488.00 to 498.00 | 0.26% | 0.56 times |
| 17 Fri Jan 2025 | 495.00 | 479.75 to 499.60 | 2.39% | 1.06 times |
| 16 Thu Jan 2025 | 483.45 | 476.60 to 486.00 | 1.36% | 0.42 times |
| 15 Wed Jan 2025 | 476.95 | 474.80 to 484.85 | 0.62% | 0.54 times |
Technical analysis forecast of Sumitomo Chem India Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Sumitomo Chem India Ltd SUMICHEM at this time. Stock is rising and might rise more.
It appears as if Sumitomo Chem India Ltd SUMICHEM gave a large move recently.
Stock of Sumitomo Chem India Ltd (SUMICHEM) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Sumitomo Chem India Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Sumitomo Chem India Ltd stays above 516.2, but if it comes below 516.2, then a intra day sell could be more profitable.
If you take a sell trade below 516.2, then use 516.2 as stoploss and 499.14 as target. However if you take a buy trade in Sumitomo Chem India Ltd, then use 516.2 as stoploss and 536.6 as target.